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This comparison simply includes all savings accounts.

FlexDirect Current Account Nationwide
Open With £1000
Account Type Current Account
Interest AER 2.00%

Why we like it: 2.00% interest for 12 months on balances up to £1,500 for the first year. You must pay in £1,000 or more each month to receive interest (excluding transfers from any Nationwide account held by you or anyone else). 12 month fee-free arranged overdraft available. No monthly fee. Access to Flexclusives - Select Credit Card and low personal loan rate. Must be aged 18 or older

123 Current Account Santander
Open With £500
Account Type Current Account
Interest AER 0.6%

Why we like it: Earn 0.60% AER (variable) interest on balances up to a maximum of £20,000. Up to 3% CASHBACK on various household bills. Monthly fee of £5. Cashback capped at £5 for each cashback tier each month. Must pay in £500 pm.

Starling Bank
Mobile App Bank Account Starling Bank
Monthly Account Fee £0
Account Type Mobile Bank Account
Interest AER 0.05%

Why we like it: Get set up in minutes. No paperwork, monthly fees or branch visits. Send money abroad: Fast and secure money transfers to bank accounts in 38 countries worldwide. No fees when you pay with your card abroad or withdraw money. Real Mastercard exchange rates and real-time notifications in both currencies. Get a spotlight on your spending: See what you’ve spent instantly with real-time payment notifications. Current account is completely free.: No charge for making electronic payments, domestic transfers or ATM withdrawals. Three-month interest holiday on the first £500 of an arranged overdraft. Earn Interest: current account pays 0.05% AER on balances up to £85,000.Card gone missing? Lock it in-app temporarily while you look for it or cancel it with a tap if you think it’s gone for good. Personal loan available that’s straightforward to use, competitively priced and tailored to you. Best British Bank and Best Current Account in 2018, 2019 and 2020 at the British Bank Awards. Awarded 5 stars by Defaqto too. Fully registered bank and a member of the Financial Services Compensation Scheme (FSCS), so any money you keep will be fully protected, up to £85,000

FlexPlus Current Account Nationwide
Open With £1
Account Type Current Account
Features Free insurance

Why we like it: UK & Europe Breakdown Cover, Worldwide family travel and mobile phone insurance, and commission-free cash withdrawals and card payments abroad. Free mobile banking app, text alerts and secure online banking. Access to Flexclusives - Select Credit Card and low personal loan rate. £13 monthly account fee

FlexAccount Current Account Nationwide
Open With £1
Account Type Current Account
Features No monthly account fee

Why we like it: Everyday current accout. No monthly account fee. Access to Flexclusives - Select Credit Card and low personal loan rate.

Best Current Account Offers

A number of current accounts offer cashback, ongoing rewards, or a mixture of the two as an incentive to get you to switch.

Cashbacks can be either a cash sum (often in the £100s) or equivalent for switching, or a percentage (up to 5%) of various household bills or other spending (e.g. contactless), paid to you ongoing. Some of these are packaged and so have a monthly account fee, some do not.

Current accounts are offering some great deals at the moment and many of them offer a higher rate of interest than many savings accounts.

There are also other offers such as fee-free overdrafts. All of the accounts we list adhere to the Current Account Switch Guarantee and offer a 7 Day Switch service.

Take advantage of the switch rewards and cash back offers and watch your money grow.

Here are a selection of the best deals around at the moment:

  • TSB are offering £10 cashback each month if you have two Direct Debits per month and use your debit card 20 times per month. This on top of their currently high rate of interest make for a very rewarding deal.
  • Halifax are rewarding £100 for switching to their account along with monthly cash rewards for meeting certain criteria.
  • Natwest are offering 3% cashback on all household bills with their reward account.
  • Co-operative Bank are giving away £150 for switching to their current account. This is followed up by monthly cash rewards for meeting certain criteria.
  • HSBC are offering £150 for switching to their current account with another £50 if you stay with them a year. HSBC will also give you a six month interest-free overdraft.
  • First Direct are giving customers £100 when they switch and stay with them for three months. If you are dissatisfied with their service they will give you another £100 when you leave.
  • Santander 123 and 123 Lite offer cashback on your household bills making it a great way to earn money back on necessary spending. The 123 account also offer a good rate of interest on balances up to £20,000.
  • Marks and Spencer are offering customers a £100 voucher when they switch as well as £10 per month for 12 months if certain criteria are met. A great offer if you regularly shop at Marks and Spencer.

You can find out more about any of these offers on our website. 

Latest news

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About us is a trading style of Fair Investment Company Ltd.

We've been comparing savings and current accounts for many years so you can trust you're in good hands.